IRENStocksBalance
Working harder through the IREN crash
Strategy #61 · Market Wave · 1 Day chart
Strategy+106.2%
Buy and hold IREN−44.2%
Backtested · 15 Oct 2025 – 6 Aug 2026
From the case study: Riding the AI wave in a stock that got cut in half
IRENStocksCash yieldShort term
Four swings through IREN's decline
Strategy #109 · IREN · 6-hour chart · Market Wave
Trades each swing in IREN's falling trend, buying dips and selling bounces back to cash.
Backtested As of 4 Nov 2026 · 1 Jul 2026 – 4 Nov 2026 · $100,000 starting capital
Strategy return
+24.1%
Buy and hold IREN
−50.0%
Buying IREN monthly
−43.1%
Test length
4 months
CAGR not shown under a year
The chart
Every trade from the backtest, straight from TradingView.
Against its benchmarks
Four swings through IREN's decline+24.1%
Buy and hold IREN−50.0%
Buying IREN monthly−43.1%
Total return over the test period, backtested.
Past and backtested performance does not guarantee future results.
Results at your account size
$
Net profit
+$24,106
Ending value
$124,106
Cash profit
+$24,106
From the case study
IREN −50%, INTC −39.5%, TSLA +2.1%: the algorithm made 20%+ on each
Strategy #109, Four swings through IREN's decline, is the scenario “The four-swing slide”. Read how it played out, chart by chart.
Read the case study →The case study is dated; the results above are this strategy's published version.
How it trades
How it trades
The strategy buys IREN with half its available cash when the price dips below its average cost, and sells its entire position when the price rises above that cost. It repeats this across each swing and holds cash between trades, sitting out the sharpest legs down.
- Algorithm
- Market Wave
- Chart
- 6 Hours
- Horizon
- Short term
- Aim
- Cash yield: aims for profit taken in cash
- Test period
- 1 Jul 2026 – 4 Nov 2026
- Starting capital
- $100,000
- Fees and slippage
- Not stated
- Data source
- TradingView backtest
Exact settings come with every client account, the free tier included, in Strategy Lab Pro.
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IRENStocksAccumulation
IREN through the full round trip
Strategy #62 · Market Wave · 1 Hour chart
Strategy+75.4%
Buy and hold IREN−48.1%
Backtested · 15 Oct 2025 – 6 Aug 2026
From the case study: Riding the AI wave in a stock that got cut in half
IRENStocksAccumulation
Cash yield from IREN's round trip
Strategy #63 · Market Wave · 1 Hour chart
Strategy+63.4%
Buy and hold IREN−4.6%
Backtested · 1 Jan 2026 – 6 Aug 2026
From the case study: Riding the AI wave in a stock that got cut in half